North Carolina

WINSTON-SALEM, N.C. — Allegacy FCU here has hired Jill Lackey to lead its newly formed CUSO, Allegacy Consulting Group.

NewBridge Bancorp in Greensboro, N.C., has agreed to buy Premier Commercial Bank in Greensboro.

The trade group said late Tuesday that Peter Gwaltney will succeed Thad Woodard on Jan. 2. Woodard is retiring after spending 37 years in various capacities at the association.

BNC Bancorp in High Point, N.C., is planning to issue $60 million in subordinated notes to pay off a loan from another bank.

The $820 billion-asset company disclosed in a regulatory filing Clifton Painter retired as its chief operating officer and chief credit officer on Sept. 22. Painter agreed to remain a consultant for the next two years.

First Citizens BancShares in Raleigh, N.C., will add three directors after it completes its acquisition of First Citizens Bancorp. in Columbia, S.C.

NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.

A pair of banking companies announced plans to consolidate their community bank brands.

CommunityOne Bancorp in Charlotte, N.C., has combined the roles of president and chief executive in an effort to trim operating expenses.

NewDominion Bank in Charlotte, N.C., said Wednesday that its chief executive, C. John Hipp, plans to retire by the end of the year. He will be succeeded by Blaine Jackson, the bank's chief financial officer.

Today's hackers are "extremely sophisticated" and banks need to work hard to keep pace with their methods of attack, warns James Sills, who recently left his job as chief information officer for the state of Delaware to become CEO of a small bank in North Carolina.

First South Bancorp in Washington, N.C., has become the latest community bank to buy branches from Bank of America.

BNC Bancorp in High Point, N.C., has filed to sell up to $150 million in securities. The $3.7 billion-asset company said in a filing Tuesday that it could issue common and preferred stock, debt securities and other securities from time to time.

First Bancorp in Southern Pines, N.C., will close 10 branches in three states.

Premara Financial in Charlotte, N.C., has named an interim president after the abrupt departure of its long-time leader.

The $184 billion-asset company said in a press release Wednesday that Ricky Brown had taken the reins at Branch Bank & Trust.

HomeTrust Bank faced a legal challenge from HomeTown Bank after it entered southwestern Virginia. The now-resolved dispute serves as a reminder that banks must be aware of branding challenges when they enter new markets.

Bank of America has given Thomas Montag the full title of chief operating officer, while David Darnell will move away from headquarters in Charlotte, N.C., and become vice chairman.

Four Oaks Fincorp in Four Oaks, N.C., has raised $24 million through a rights offering.

An investor has filed a lawsuit to block the merger deal between the two First Citizens banks in the Carolinas, which are controlled by the Holding family. The case could turn on whether the directors on the special committees that reviewed the deal were truly independent of the Holdings.